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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Cannabis industry enters 2021 with fresh markets, greater possibilities amid continuing challenges
Let’s face it: As terrible as 2020 was for numerous business sectors, it was surprisingly good for the cannabis industry in multiple ways.
News January 24
Recreational marijuana sales kick off in Arizona less than three months after voters pass ballot measure
Arizona approved 73 dispensaries to start selling recreational marijuana on Friday, launching the state's adult-use cannabis program with sales beginning less than three months after voters approved the new market.
News January 22
Dutch recreational cannabis experiment advances after court appeal rejected
A Dutch judge rejected a request to annul the results of a lottery process used to select cultivators for the Netherlands’ recreational cannabis experiment. “This means the experiment will likely…
News January 22
Aurora Cannabis raising $125 million with eye on reducing debt
Aurora Cannabis is raising $125 million via a stock-purchase deal to finance general corporate activities, which might include "opportunistically reducing debt," the Alberta company announced.
News January 22
First Big Tobacco marijuana player exits marijuana, hemp after bankruptcy
The first Big Tobacco company to make a foray into the marijuana and hemp industries is exiting both sectors in a bid to shore up its bottom line.
News January 22
Pyxus International divesting Canadian cannabis subsidiaries
U.S. tobacco firm Pyxus International is divesting its Canadian cannabis subsidiaries, with plans to sell off the companies and "focus on its more profitable tobacco and e-liquid businesses."
News January 22
Canadian cannabis sales slip in most provinces in November
November retail sales of recreational cannabis products across Canada fell to 261 million Canadian dollars ($205 million), 3.2% lower than in October, according to the latest data from Statistics Canada.…
News January 22
Cannabis sales records smashed or set in 2020, and insiders expect the gains to continue
The COVID-19 outbreak that began about a year ago has proved devastating for many mainstream industries – including airlines and restaurants, for starters – but for those in the cannabis…
News January 22
Latest Canadian cannabis recalls include melting vape pens, moldy bud
Canadian cannabis products recalled in January include defective all-in-one vape pens from Hexo Corp. as well as moldy marijuana from Saskatchewan processor AgroGreens Natural Products and mislabeled bud from Manitoba’s…
News January 21
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